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Yardstik raises $30M in Series B funding led by Harbert Growth Partners for post-hire fraud monitoring.

PRIVATEAug 27, 2026about 4 hours ago

Amount Raised

$30 Million

Round Type

Series B

EdinaInformation TechnologyProfessional Services

Investors

Harbert Growth Partners

Description

Yardstik has raised $30 million in Series B funding, led by Harbert Growth Partners. This funding brings the company's total to $65 million. Based in Minneapolis, Yardstik provides continuous monitoring for over 1,000 customers. The new capital will enhance its post-hire fraud monitoring services.

Company Information

Company

Yardstik

Location

301 Carlson Parkway

Edina, Minnesota, United States

About

Yardstik helps high-volume hiring businesses avoid unnecessary background checks and introduces more modern screening solutions to address today's compliance challenges. Launched in Minneapolis in 2020, the company is re-envisioning the background screening industry with their mix of screening, fraud, and compliance products that helps organizations optimize candidate vetting and expedite business growth. Today, over a thousand customers trust Yardstik's technology and team to elevate their screening solutions.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Yardstik raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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